ISLAMABAD: National Electric Regulatory Authority (NEPRA) on Saturday announced a 32 paisa per unit decrease in tariff for X-WAPDA power distribution companies (DISCOs) for October under the monthly fuel cost adjustment (FCA) mechanism.
Central Power Purchasing Agency (CPPA-G) on behalf of X-WAPDA DISCOs has sought a 25 paisa decrease in the tariff for the said period, said a notification. The NEPRA authority conducted a public hearing into the petition of CPPA-G on November 29 with Chairman NEPRA in the Chair.
The FCA for October would be charged sssssss40 paisa less as compared to FCA for September. It would apply to the billing in December. The decrease would apply to all consumers of DISCOs except K-Electric, consumers using up to 300 units, Agri, lifeline consumers, and charging stations of electric vehicles.
Meanwhile, the National Electric Power Regulatory Authority (NEPRA) on Saturday announced to carry a public hearing on 27 December, as K-Electric filed a petition to reduce in the power tariff by Rs7.04/KWh on account of Fuel Charges Adjustment (FCA) for November 2022.
According to NEPRA’s and government’s established laws and regulations, FCAs are dependent on fluctuations in fuel prices globally and are added to consumers bills. Following the assessment, NEPRA grants approval for FCAs and specifies the month in which the charge would appear on consumer bills.
November’s FCA was lower primarily due to a reduction in prices of RLNG, Furnace Oil, and power purchased from CPPA-G by 18%, 15%, and 37% respectively as compared to September 2022.